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Uluslararas\u0131 Finans Enstit\u00fcs\u00fc (IIF), \u201cK\u00fcresel Bor\u00e7 Monit\u00f6r\u00fc\u201d raporunu yay\u0131mlad\u0131. Rapora g\u00f6re, k\u00fcresel bor\u00e7 tutar\u0131 bu y\u0131l\u0131n \u00fc\u00e7\u00fcnc\u00fc \u00e7eyre\u011finde 307,4 trilyon dolar olarak hesapland\u0131. K\u00fcresel bor\u00e7 tutar\u0131, ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6neminde 289 trilyon dolar olarak kaydedilmi\u015fti. Bu d\u00f6nemde k\u00fcresel bor\u00e7 tutar\u0131ndaki art\u0131\u015fta ABD, Japonya, Fransa ve \u0130ngiltere gibi geli\u015fmi\u015f ekonomilerle \u00c7in, Hindistan, Brezilya ve Meksika gibi geli\u015fmekte olan \u00fclkelerin borcunda ya\u015fanan b\u00fcy\u00fck art\u0131\u015f etkili oldu. Sekt\u00f6r baz\u0131nda bak\u0131ld\u0131\u011f\u0131nda, bor\u00e7 seviyelerindeki art\u0131\u015f\u0131n kamu sekt\u00f6r\u00fcnde daha belirgin hale geldi\u011fi g\u00f6r\u00fcld\u00fc. Bir\u00e7ok geli\u015fmi\u015f ve geli\u015fmekte olan ekonomide mali b\u00fct\u00e7e a\u00e7\u0131klar\u0131, salg\u0131n \u00f6ncesi seviyelerin olduk\u00e7a \u00fczerinde kalmaya devam etti. K\u00fcresel borcun y\u0131lsonuna kadar 310 trilyon dolar\u0131 bulaca\u011f\u0131 tahmin edildi.<\/p>\n
\u00a0K\u00fcresel borcun, \u00fclkelerin toplam GSYH\u2019sine oran\u0131 ise bu d\u00f6nemde yatay seyrederek y\u00fczde 333 oldu. K\u00fcresel b\u00fcy\u00fcme ivmesinin zay\u0131f kalmas\u0131 ve enflasyonist bask\u0131lar\u0131n azalmaya devam etmesi nedeniyle k\u00fcresel bor\u00e7 oran\u0131n\u0131n y\u00fckseli\u015f e\u011filimini s\u00fcrd\u00fcrece\u011fi \u00f6ng\u00f6r\u00fcld\u00fc. Sekt\u00f6rler baz\u0131nda incelendi\u011finde, hane halk\u0131na ait bor\u00e7lar y\u0131l\u0131n \u00fc\u00e7\u00fcnc\u00fc \u00e7eyre\u011finde 57,9 trilyon dolar, finansal olmayan \u015firketlere ait bor\u00e7lar 91,1 trilyon dolar, kamuya ait bor\u00e7lar 88,1 trilyon dolar ve finansal \u015firketlere ait bor\u00e7lar 70,3 trilyon dolar olarak hesapland\u0131. Geli\u015fmi\u015f ekonomilerin toplam borcu 206 trilyon dolara \u00e7\u0131karken, geli\u015fmekte olan ekonomilerin toplam bor\u00e7lar\u0131 101,3 trilyon dolara ula\u015ft\u0131. Toplam borcun GSYH\u2019ye oran\u0131 geli\u015fmekte olan ekonomilerde y\u00fczde 255 olarak kaydedildi. T\u00fcrkiye\u2019de ise bor\u00e7lar\u0131n GSYH\u2019ye oranlar\u0131 dikkate al\u0131nd\u0131\u011f\u0131nda, y\u0131l\u0131n \u00fc\u00e7\u00fcnc\u00fc \u00e7eyre\u011finde ge\u00e7en y\u0131l\u0131n ayn\u0131 \u00e7eyre\u011fine k\u0131yasla hane halk\u0131na ait bor\u00e7lar y\u00fczde 11,6\u2019dan y\u00fczde 12,3\u2019e \u00e7\u0131karken, finansal olmayan \u015firketlere ait bor\u00e7lar y\u00fczde 60,1\u2019den y\u00fczde 53\u2019e, kamuya ait bor\u00e7lar y\u00fczde 37,1\u2019den y\u00fczde 33,8\u2019e ve bankalar gibi finansal \u015firketlere ait bor\u00e7lar y\u00fczde 22,1\u2019den y\u00fczde 17,8\u2019e geriledi. Ayr\u0131ca raporda, siyasi a\u00e7\u0131dan \u201cpop\u00fclizme do\u011fru\u201d bir kayman\u0131n daha y\u00fcksek bor\u00e7 seviyelerini tetikleyebilece\u011fi uyar\u0131s\u0131nda bulunuldu. ABD-\u00c7in rekabeti ve Gazze\u2019deki sava\u015fla jeopolitik gerilimlerin artmas\u0131yla birlikte, Hindistan, G\u00fcney Afrika, Pakistan ve ABD\u2019de d\u00e2hil olmak \u00fczere artan h\u00fck\u00fcmet bor\u00e7lanmas\u0131 ve mali disipline ili\u015fkin endi\u015feleri art\u0131rd\u0131\u011f\u0131 kaydedildi.<\/p>\n
\u00a0Avrupa Merkez Bankas\u0131 (ECB) Ba\u015fkan\u0131 Christine Lagarde, Avrupa\u2019da \u015fimdiye kadar t\u00fcm sistemik risklerin ayn\u0131 anda ger\u00e7ekle\u015fmesini i\u00e7eren en k\u00f6t\u00fc senaryonun ger\u00e7ekle\u015fmesinden korunuldu\u011funu ancak politika yap\u0131c\u0131lar\u0131n tetikte olmalar\u0131 gerekti\u011fini s\u00f6yledi. Avrupa Sistemik Risk Kurulu\u2019nun (ESRB) Frankfurt\u2019ta d\u00fczenlenen 7. Y\u0131ll\u0131k Konferans\u0131\u2019nda konu\u015fan Christine Lagarde, \u201cBug\u00fcne kadar Avrupa\u2019n\u0131n finansal sistemi, ciddi sistemik risklerin ayn\u0131 anda ger\u00e7ekle\u015fmesine ili\u015fkin en k\u00f6t\u00fc senaryodan ka\u00e7\u0131nd\u0131. Ancak politika yap\u0131c\u0131lar\u0131n proaktif kalmalar\u0131 ve finansal istikrar risklerin ortaya \u00e7\u0131kmalar\u0131na kar\u015f\u0131 tetikte olmalar\u0131 gerekiyor\u201d ifadesini kulland\u0131.<\/p>\n<\/p><\/div>\n